Fatih Birol says ‘oil security is still a critical issue’ and the world should be ‘worried’ if the situation does not improve. The head of the International Energy Agency has warned that global energy security is under serious threat unless efforts by the United States and Iran lead to improved oil»»»

The head of the International Energy Agency (IEA) said on Tuesday that the ongoing disruption to global energy supplies caused by Iran’s blockade of the Strait of Hormuz surpasses any previous crisis in history, including the oil shocks of the 1970s. “The world has never experienced a disruption to»»»

The blockade of the Strait of Hormuz has triggered an oil and ⁠gas crisis that is "more serious than ​the ones ⁠in 1973, 1979 and 2022 together," Fatih Birol, the head of the International Energy Agency (IEA), said on Tuesday. "The world has never experienced a disruption to energy supply of such m»»»

PERTH/SYDNEY: The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil “if necessary” due to the Iran war, Executive Director Fatih Birol said on Monday. “If it is necessary, of course, we will do it. We look at the conditions, we will »»»

Baku, March 23, AZERTACWar in the Middle East has 'severely' damaged more than 40 energy assets across nine countries, said the head of the International Energy Agency, as he warned of deepening risks to the global e ... »»»

The head of the International Energy Agency warned Monday that the global economy faces a “major, major threat” from the ongoing Iran war, citing severe disruptions to oil and gas supplies. IEA Executive Director Fatih Birol said no country would be immune if the crisis continues, describing the si»»»

Oil prices tumbled sharply on Monday after US President Donald Trump ordered a five-day halt to planned military strikes on Iranian power plants and energy infrastructure, easing fears of escalation in the Middle East conflict.Brent crude fell more than 13% during the session, dropping to a low of »»»

AdvertisementUS, Israel war on IranWorldMiddle EastIran war threatens energy crisis worse than 1970s two oil shocksThe boss of the International Energy Agency, Fatih Birol, spoke out as the war grinds into its fourth week 2-MIN READ2-MIN ListenAgence France-PressePublished: 6:40pm, 23 Mar 2026Updat»»»

The head of the International Energy Agency said Monday that the global economy faces a “major, major threat” because of the Iran war. “No country will be immune to the effects of this crisis if it continues to go in this direction,” Fatih Birol said at Australia’s National Press Club in Canberra o»»»